Alexandria Retirement Planning
Alexandria retirement planning services may need to focus on helping government employees find the most stable route to meet their goals. There are blips on the radar here and there that may seem to threaten the careful consideration that all government employees seem to give to their lives. Though, applying sound prudence, the wisdom of most Alexandria, Virginia residents will prevail.
Consider what it is you may want in retirement. If you started working at a young age for the military or the government, then you may be facing an early exit from your first line of work in Alexandria, VA. It may be that you have plenty of time to consider another career. Instead, you may want to consider how your Alexandria retirement planning will help you to make your savings grow over the years to provide a long lasting stream of income.
It depends upon your own personal goals for both yourself and your family. Make a list of what you realistically would like to be able to do afford in retirement. Determine if you want to stay in Alexandria, VA. Also, decide on your own Virginia retirement date. When would you like to reach your goals?
There are some guidelines to choosing the best professional to meet your Alexandria retirement planning needs. They need to have financial credentials. Verify these credentials were actually earned by visiting the individual's credentialing board's Web site. Also find out if they are in good standing with their professional organization. The advantage for consumers is that these organizations all have strict codes of conduct, ethical standards and standards of practice to which each of these professionals is bound.
For instance, Certified Financial Planners and National Association of Personal Financial Advisors each take a fiduciary oath. This specifically means that if you choose either of these designations for your Alexandria retirement planning needs, they work in your best interest, not their own interest. This contrasts those on commission selling products for large banks and insurance companies. Those who work on commission have a built in conflict of interest.
The term financial planner is not regulated, therefore technically anyone who provides any kind of financial advice (whether based on official planning methods or not) can call themselves financial planners. There are many groups out there, serving all aspects of the financial services industry, who award credentials to individuals for their experience, and proven knowledge of stocks, bonds, mutual funds, insurance products, tax planning, estate planning and insurance planning.
Certified Financial Planner is a popular credential to seek out in an Alexandra retirement planning professional because its board is known for training its members for more than 100 personal financial topics. There are Chartered Financial Consultant who work mostly on insurance products, but are also qualified to provide professional services in Alexandria, Virginia and beyond. In addition, even professional Certified Public Accountants can earn their Personal Financial Specialist designation, to also provide tax and accounting and financial services.
Choosing a Professional
Once you have determined which credentials most suit your needs, find the individual who will work best with you. You may seek out, for instance, a professional who has a long standing glowing record of helping government employees who live and work in Alexandria, VA. Likewise, find out if they have any additional specialties that may come in particularly handy.
Your Alexandria retirement planning professional may be a lawyer who also has financial industry credentials to guide people in the matters of estate planning. It can help to hire an expert in this field who is trained in the legalities and contracts involved, as well as the financial implications of any decisions you make. Though, in some cases it is best to leave the financial matters up to those who are specifically trained for that arena.
Find references, not among friends or family, because their needs can differ greatly from yours. It is seldom that you are privy to their actual financial dealings and situations, and therefore it is best to find an Alexandria retirement planning professional on your own that specifically can meet your needs.
Though, it can all come down to how your Alexandria retirement planning professional charges as well. Consider fee only financial and retirement professionals who are based in the Alexandria area. This means that you pay for their services, rather than sales commission from a big corporation.
Alexandria retirement planning professionals can take your present situation to help make it work for you. Once you have located the professional for you and your family, it is time to review your goals with that professional. Be honest about all of your assets, and debts, and spending habits. This will help them to help you in your goals for a happy and healthy retirement through Alexandria retirement planning.
Retirement Planners In Alexandria
Capitol Financial Consultants, Inc.8180 Greensboro Drive, Suite 1150
McLean, VA 22102
Arthur A. Hall
StrategicGlobal Insight, LLCThe Fairways Executive Center
11654 Plaza America Drive, Ste.152
Reston, VA 20190